by Shared from SMSF Adviser | Jun 13, 2022 | News
In May 2021, the APESB issued an exposure draft with proposed changes to fee provisions in APES 110 Code of Ethics following concerns around auditor independence. Following some of the concerns raised by the SMSF industry involving the 20 per cent threshold for...
by Shared from accountantsdaily.com.au | Jun 13, 2022 | News
Speaking on the latest Accountants Daily podcast Mr Ryan said a strong theme of submissions on the 100A draft ruling was a need for more examples, particularly low-risk cases. “They’ve got this desire for more examples both in the green zone and the blue zone – not so...
by Keeli Cambourne | Jun 12, 2022 | News
The May results showed 47 per cent of businesses convey lower revenues than before the pandemic, but this is the lowest level reported since May 2021. Profit also continued to climb with 49 per cent of SMEs reporting a profit in May, compared to only 39 per cent in...
by Shared from BDO Australia | Jun 12, 2022 | Blog
With a minimum company tax rate of 25 per cent, Australian businesses must carefully consider their options and find ways to reduce their overall tax burden – every dollar of tax payable reduces the after-tax profit of the business. The challenge in doing so is...
by Shared from Smart Property Investment | Jun 12, 2022 | News
Barclays’ Shreya Sodhani and Rahul Bajoria are predicting another 50-bp hike in July, followed by 40 bps in August, which will take the cash rate to 1.75 per cent. In a note issued following the Reserve Bank’s (RBA) bold inflation-fighting move that saw rates surge by...
